Measuring Financial Vulnerability

Examples of Measures of Financial Vulnerability

Low Income Cut-Offs (LICO)

Survey of Household Spending

Credit file data provided by TransUnion

Poverty in the Community

Poverty among Target Populations

Sources:1995 data: Statistics Canada, 1996 Census of Canada. File Img_Mob.2000 data: Statistics Canada, 2001 Census of Canada. T1 Geo1-4 version 2 Urban Poverty2005 data: Statistics Canada, 2006 Census of Canada. UPP06_Table 1

26.7%

19.4%17.8%

0%

10%

20%

30%

1995 2000 2005

Incident of Low Income (in %, before tax) for Immigrants, Calgary (CY), 1995 - 2005

28.2% 28.5%31.0%

0.0%

10.0%

20.0%

30.0%

1995 2000 2005

Share of Immigrants in Low Income among Total Low Income Population, Calgary (CY), 1995 - 2005

Poverty among Target Populations

Sources:Statistics Canada, 2006 Census of Canada. Files UPP06_Table-10EF_Part_A_CSD & UPP06_Table-10UI_Part_A_CSD

4.5%13.5%3.5%

9.1%

5.0%

17.0%

8.1%

8.9%

79.0% 51.6%

0%

20%

40%

60%

80%

100%

EF with Immigrants Immigrants not in EF

Family/Household Income as a Percentage of LICO, Calgary (CY), 2006

< 50% 50% - 74% 75% -99% 100% - 124% 125% or more

Expenditure Habits

0.4%

0.5%

1.8%

2.1%

2.3%

2.7%

3.5%

4.6%

6.6%

7.9%

17.0%

22.3%

34.7%

0.2%

0.2%

1.5%

1.4%

1.9%

1.8%

3.1%

2.6%

4.8%

5.9%

10.6%

14.8%

23.0%

0.1%

0.2%

0.9%

0.9%

1.2%

1.0%

2.1%

1.7%

3.6%

3.7%

6.7%

10.6%

13.5%

0.0% 20.0% 40.0% 60.0% 80.0%

Games of chance

Reading materials and other printed matter

Education

Personal care

Miscellaneous expenditures

Tobacco products and alcoholic beverages

Household furnishings and equipment

Health care

Clothing and accessories

Household operation

Food expenditures

Transportation

Shelter

Household Expenditures as a Percentage of Income by Income Groups, Alberta, 2010

Very low/low income households Middle income households High/top income households Source:Statistics Canada, Survey of Household Spending in 2010 (62F0032XDB)

Credit File Data provided by TransUnion

Provides additional information on the total personal debt in a specific areas or community

Provides additional information on areas/communities with a higher concentration of persons at risk of credit delinquencies and personal bankruptcy

Allows benchmarking

Publications

Contact

Sibylle Richter-Salomons

Social Research Policy Analyst

(403) 268-3696

sibylle.richter-salomons@calgary.ca